Welcome to our dedicated page for Collplant Biotechnologies news (Ticker: CLGN), a resource for investors and traders seeking the latest updates and insights on Collplant Biotechnologies stock.
CollPlant Biotechnologies Ltd. (NASDAQ: CLGN) pioneers regenerative medicine solutions through its plant-based recombinant human collagen (rhCollagen) technology. This dedicated news hub provides investors and stakeholders with timely updates on clinical advancements, strategic partnerships, and product developments in 3D bioprinting, medical aesthetics, and tissue repair.
Access official press releases covering regulatory milestones, research breakthroughs, and commercial collaborations with industry leaders like AbbVie and Stratasys. Our curated collection includes updates on Vergenix™ wound care products, rhCollagen BioInk applications, and progress in regenerative breast implant development.
Discover comprehensive coverage of financial results, intellectual property expansions, and manufacturing scale-up initiatives. This resource serves as your primary source for tracking CollPlant's progress in addressing unmet needs across orthobiologics, advanced wound care, and organ manufacturing markets.
Bookmark this page for streamlined access to CLGN's latest developments in biocompatible medical solutions. Check regularly for updates on ESG initiatives, patent filings, and clinical trial outcomes that shape the company's position in the $3B+ regenerative medicine sector.
CollPlant Biotechnologies (NASDAQ: CLGN) reported its third-quarter financial results for 2021, revealing GAAP revenue of $140,000, down from $4.1 million in Q3 2020. The company recorded a net loss of $3.1 million, or $0.29 per share. Operating expenses increased to $3.1 million from $2.0 million year-over-year. However, for the nine-month period ending September 30, 2021, revenue surged 173% to $15.3 million, bolstered by a $14 million upfront payment from AbbVie. The recent launch of Collink.3D, a novel bioink for 3D bioprinting, positions CollPlant within a potential multi-billion dollar market.
CollPlant Biotechnologies (Nasdaq: CLGN) has launched Collink.3D, a recombinant human collagen-based BioInk solution for 3D bioprinting of tissues and organs. This product is designed to improve the bio-functionality and safety of bioprinted constructs, potentially transforming drug discovery and tissue testing. Collink.3D is fully human-derived, providing a scalable method to produce transplantable tissues. The company aims to establish partnerships with biopharma and academia to enhance product development. The introduction of this BioInk positions CollPlant in a lucrative market with extensive future applications.
CollPlant Biotechnologies (Nasdaq: CLGN) announced that Deputy CEO & CFO Eran Rotem will present at the Dawson James 6th Annual Small Cap Growth Conference on October 21, 2021, from 12:15-12:35 PM ET in Jupiter, Florida. The company specializes in regenerative medicine and 3D bioprinting technologies, focusing on tissue regeneration and organ manufacturing. Recently, CollPlant entered a global agreement with Allergan for dermal fillers and a co-development agreement with 3D Systems for a breast reconstruction product.
CollPlant Biotechnologies (Nasdaq: CLGN) announced that its recombinant human collagen (rhCollagen)-based bioink was successfully utilized by researchers at Israel's Technion Institute for creating a 3D bioprinted tissue with a vascular network. This innovation has the potential for transplantation without rejection. CEO Yehiel Tal emphasized the significant implications of this study for regenerative medicine. The research demonstrated that the implanted tissue supported cell survival and functionality post-transplantation. This milestone could lead to advances in lab-grown tissues for various medical applications.
CollPlant Biotechnologies (NASDAQ: CLGN) will present at the virtual Fall Harvest – Best Ideas from the Buy-Side conference from October 5-8, 2021. CEO Yehiel Tal will speak on October 5 at 8:30 AM ET. The presentation will be webcast live and available for replay. CollPlant specializes in regenerative medicine and has recently collaborated with Allergan for dermal fillers and with 3D Systems for bioprinted tissue matrices for breast reconstruction. The company aims to innovate in medical aesthetics and tissue regeneration.
CollPlant (NASDAQ: CLGN) announced CEO Yehiel Tal's presentation at The International Nanotechnology Conference on October 6, 2021. Tal will discuss the company's rhCollagen technology platform, highlighting its growth strategy and product pipeline, which includes dermal fillers, BioInks, and 3D bioprinted breast implants. The event gathers top experts to explore innovations in nanotechnology. Recently, CollPlant entered significant agreements with Allergan and 3D Systems for product development, enhancing its market presence in regenerative medicine.
CollPlant (NASDAQ: CLGN) announced that its CEO, Yehiel Tal, has been elected to the Board of Directors of the International Society for Biofabrication (ISBF) for a three-year term starting January 1, 2022. This recognition is due to his expertise in the 3D bioprinting industry. Tal expressed his honor in contributing to advancements in biofabrication, which plays a critical role in tissue engineering and regenerative therapies. The ISBF focuses on promoting innovations in biofabrication for the betterment of humanity.
CollPlant (NASDAQ: CLGN), a leader in regenerative and aesthetic medicine, will present at the virtual H.C. Wainwright 23rd Annual Global Investment Conference from September 13-15, 2021. CEO Yehiel Tal will overview the company's advancements, available on-demand from 7 a.m. EST on September 13. CollPlant specializes in 3D bioprinting with its rhCollagen technology, recently forming partnerships with Allergan and 3D Systems for dermal fillers and breast reconstruction. For more details, visit CollPlant's website.
CollPlant (Nasdaq: CLGN) appointed Alisa Lask, a veteran in medical aesthetics, to its Board of Directors. With experience at Galderma and Allergan, Lask's expertise in global strategy and marketing is expected to enhance CollPlant's commercial partnerships and product development. CEO Yehiel Tal praised her insights as key for the company's mission in regenerative medicine. The company has made strategic agreements with Allergan and 3D Systems to further its product offerings in tissue regeneration and aesthetics, marking a pivotal growth phase.
CollPlant (NASDAQ: CLGN) reported Q2 2021 financial results, revealing a GAAP revenue of $691,000, a 16% decline from $823,000 in Q2 2020. Gross margin increased significantly to 38% from 9%. Operating expenses rose to $3.3 million, leading to an operating loss of $3.1 million versus $1.9 million in the prior year. Despite revenue declines, the six-month revenue surged 986% to $15.2 million, bolstered by a $14 million upfront payment from AbbVie. Cash reserves stand at $47.5 million, with $36.9 million raised from financing activities.
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